Skyrocketing housing costs put huge strain on homeowners and renters
Though 2025 may see some improvements, housing affordability remains a top concern for Americans.
Housing costs bear consistently increased over time, nonetheless in recent years, they've a ways outpaced inflation and wage pronounce charges.
People struggling to salvage ends meet now catch it hard to balance the competing costs of groceries, housing, and transportation while paying off debt and constructing financial savings.
Refuge inflation, the speed at which housing costs upward push, is important in shaping the overall inflation rate. It has surpassed the overall inflation rate since early 2023 and remains a important aspect for why inflation has been so stubborn and no longer easy to curb.
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